Economic growth is expected to slow to 2.0% this year in the European Union (1.8% in the euro area) as some of the downside risks identified in the autumn forecasting exercise –
Hermes Airports Ltd recorded a good month for passenger traffic in January 2008. During the last month, over 270,000 passengers travelled through the two Airports of Cyprus, a 2.59% increase on January
Nearly two-thirds of senior executives around the world say they have experienced some form of actual or attempted corruption in their business dealings, according to a report by PricewaterhouseCoopers. The report, “Confronting
austriamicrosystems, a leading worldwide designer and manufacturer of high performance analog ICs for communications, industry and medical and automotive applications, recorded audited revenues for fiscal year 2007 slightly below the previous fiscal
Nokia announced a strong presence at the Game Developers Conference (GDC) in San Francisco with new N-Gage and SNAP Mobile games, live demos of the recently launched N-Gage First Access program, and
Ericsson and leading Russian operator VimpelCom have signed an agreement for the supply and implementation of a WCDMA/HSPA network, plus associated services, to cover seven out of nine macro regions including Moscow,
Moody’s Investors Service has upgraded the bank financial strength rating (BFSR) of Raiffeisen Bank Aval (RBA) to D from D-. The outlook on the BFSR is stable following the upgrade. According to
Moody’s Investors Service’s UK credit card indices continued to display an improving trend in December 2007 as measured by key performance indicators compared to the previous year. The rating agency’s latest index
By Yann Le Guernigou and Sudip Kar-Gupta PARIS, Feb 21 (Reuters) – Daniel Bouton, the head of French bank Societe Generale reeling from a trading scandal, said he would continue with the
Stocks rebounded on Thursday as solid earnings and expectations of further U.S. interest rate cuts outweighed inflation worries, even as oil hit a record high above $101 a barrel. European shares were
